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The Best New Construction Condos in Miami with A $2M Budget
New Construction Condos in Miami with A $2M Budget. We have written many articles on the best new construction condos around Miami. None of them, however, focused on a specific budget. Therefore, this article focuses on the best new Miami condos under $2M. With a budget between $1M and $2M, you are most likely to be focusing on Brickell, Downtown, or the Bay Harbor Islands.
Below, you’ll see a list of the best condos that are up for sale in this price range. Remember, this article is just the beginning to help you figure out what you can get with your budget. If you want to know about all the condos available in your favorite areas, please give us a call. We hope you enjoy reading this article and that it’s helpful. And don’t forget to check out our final thoughts and a little bit about why you should consider working with us when you’re buying a new condo in Miami. For more information about the different condos, we offer links in the table as well as below each section.
The Best New Construction Condos in Miami with A $2M Budget
| Unit | Location | Bedrooms | SF Interior | Asking Price | Asking Price per SF | Delivery | Floor Plan | Project Information |
| Continuum Club #2907 | North Bay Village | 1 bedroom and den / 2 bathrooms | 915 SF | $1,355,000 | $1,459 | 2027 | 07 Floor Plan | Continuum Club and Residences |
| Continuum Club #805 | 2bedroom / 2.5 bathrooms | 1,370 SF | $1,465,000 | $1,069 | 05 Floor Plan | |||
| Continuum Club #1106 | 2bedroom / 2.5 bathrooms | 1,275 SF | $1,499,750 | $1,175 | 06 Floor Plan | |||
| Icon Beach Hollywood #905 | Hollywood Beach | 1 bedroom / 1 bathroom | 980 SF | $980,000 | $1,033 | 2026 | 05 Line Floor Plan | Icon Beach Residences |
| Icon Beach Hollywood #2104 | 1 bedroom / 1 bathroom | 945 SF | $1,280,000 | $1.354 | 04 Line Floor Plan | |||
| Icon Beach Hollywood #1507 | 2 bedroom / 2 bathroom | 1,145 SF | $1,387,000 | $1,211 | 07 Floor Plan | |||
| Icon Beach Hollywood #1110 | 3 bedroom / 3.5 bathroom | 1,738 SF | $1,892,000 | $1,088 | 10 Line Floor Plan | |||
| The Well #506A | Bay Harbor Islands | 1 bedroom / 1.5 Bathroom | 946 SF | $1,350,000 | $1,427 | 2025 | - | The Well |
| The Well #506 | 2 bedroom / 2.5 Bathroom | 1,267 SF | $1,799,000 | $1,419 | - | |||
| Solina #2A | Bay Harbor Islands | 2 bedroom / 2.5 Bathroom | 1,599 SF | $1,445,000 | $903 | 2025 | 2A Floor Plan | Solina Bay Harbor Islands |
| Solina #5A | 2 bedroom / 2.5 Bathroom | 1,416 SF | $1,699,000 | $1,199 | 5A Floor Plan | |||
| Five Park #2208 | Miami Beach | 1 Bedroom / 1.5 Bathrooms | 878 SF | $1,680,000 | $1,913 | 2024 | 08 Floor Plan | Five Park |
| Five Park #1106 | 1 Bedroom / 1.5 Bathrooms | 1,010 SF | $1,495,000 | $1,480 | 06 Floor Plan | |||
| Five Park #2204 | 1 Bedroom / 1.5 Bathrooms | 1,000 SF | $1,820,000 | $1,820 | 04 Floor Plan | |||
| Five Park #1007 | 2 Bedroom / 2.5 Bathrooms | 1,451 SF | $2,405,000 | $1,657 | 07 Floor Plan | |||
| Cipriani Brickell #1804 | Brickell | 2 bedroom and den / 2 bathrooms | 1,454 SF | $ 1,835,900 | $1,317 | 2026 | 04 Line Residence | Cipriani Residences |
| Casa Bella #403 | Downtown | 2 bedrooms + Den / 3 bathrooms | 1,819 SF | $1,595,900 | $877 | 2025 | 03 Line Floor Plan | Casa Bella Residences |
| Casa Bella #4105 | 2 bedrooms / 2 bathrooms | 1,613 SF | $1,950,900 | $1,209 | 05 Floor Plan | |||
| La Baia North LPH 08 | The Bay Harbor Islands | 2 bedrooms and a den / 3 bathrooms | 1,616 SF | $1,710,000 | $1,058 | 2025 | LPH 08 Floor Plan | La Baia North |
| La Baia North 502 | 2 bedrooms and a den / 2.5 bathrooms | 1,450 SF | $1,490,000 | $1,027 | 02 Floor Plan | |||
| CALL OR EMAIL US FOR THE FULL INVENTORY AND PRICES | 305.508.0899 or [email protected] | ||||||||
The Continuum Club and Residences
The Continuum Club and Residences, developed by Bruce Eichner, offers a boutique luxury living experience on North Bay Village’s 1755 JFK Causeway. This high-end condominium project features 32 floors with 198 units ranging from 850 to 4,000 square feet, including 1 to 3-bedroom options with dens. Prices start at $1,100 per square foot, with units ranging from $1.5 million to $3.8 million. Its highlights are:
- Location: Positioned on a revitalizing residential island between Miami and Miami Beach, North Bay Village is undergoing significant development, including new residential units, commercial spaces, a hotel, and extensive public amenities.
- Developer: Bruce Eichner, known for the successful Continuum on South Beach, aims to replicate this success by transforming undervalued areas into high-value properties.
- Residences: Featuring spectacular water and city views, the Continuum offers high ceilings, bay lofts, and floor plans designed for optimal outdoor living. The 01 line, with expansive wraparound terraces and 2,000 square feet of space, and the 04 line, with large terraces facing north, are particularly notable.
- Amenities: The development boasts resort-like amenities including a public restaurant, pickleball courts, pools, fitness centers, a yoga studio, a spa, and a sunset dining pavilion, providing a luxurious, five-star experience.
- Prime Waterfront Views: Each unit offers stunning views of the bay and city.
- Luxury Amenities: Extensive, resort-style amenities enhance the living experience.
Icon Beach Residences Hollywood
Icon Beach Residences in Hollywood blend luxury and tranquility with stunning ocean and Intracoastal views, featuring 1-3 bedroom units with expansive balconies, upscale kitchens, and spa-inspired bathrooms. Amenities include a marina, full-service beach club, 40,000 square feet of outdoor luxuries, a health club, and spa, crafted by top developers and designers.
Residences:
Solina Bay Harbor Islands
Solina Residences at Bay Harbor Islands epitomize affordable luxury with spacious units starting at $900 per sq. ft., featuring 9-ft ceilings, high-end appliances, and ample outdoor spaces. Positioned for convenience, Solina offers easy access to premier retail and beaches. Each residence includes two parking spaces and storage, with the penthouse boasting a private pool and rooftop terrace. Enhanced by tranquil design elements, this boutique condo promises both serenity and sophistication. Completion is anticipated by Q4 2025.
The Well Bay Harbor Islands
Nestled in the serene Bay Harbor Islands, THE WELL Bay Harbor Islands offers a transformative retreat from Miami’s hustle, seamlessly blending holistic well-being with luxury living. The development features 54 custom-designed condominiums and over 22,000 sq. ft. of amenities, including a state-of-the-art fitness and wellness center. Each residence is crafted to enhance tranquility with spacious, light-filled layouts, natural materials, and wellness features like built-in aromatherapy, air purification, and red light therapy. Residents enjoy access to Miami’s first caldarium, a halotherapy steam room, a rejuvenating saunarium, and an array of wellness services and exclusive events, fostering a balanced lifestyle rooted in modern and ancient healing practices.
Five Park Miami Beach
Five Park is located at 500 Alton Rd in Miami Beach just steps from the prestigious South of Fifth. The site pairs a residential building with 48 floors with an expansive three-acre public park. Tasteful retail and the creation of an art-inspired bridge make the South of Fifth community a walkable wonderland surrounded by pristine waters.
The condo provides amenities that underscore the importance of living well and wellness. On-site work spaces, thoughtfully designed fitness areas, pools with sweeping views of the Florida coastline, events and areas designated for families, and units designed to accommodate your every need invite you to embrace the transformative nature of a place like Five Park. The project is scheduled for completion in Q1 of 2024.
The larger residences will start from the 27th floor and up. Below the 27th floor, the building offers 1-3 bedroom-smaller units, which will also have a separate elevator entrance. These are the condos that are featured in this blog.
Cipriani Residences Brickell
The Cipriani Residences are set to bring some Venetian flair, and top-notch hospitality to the Brickell area. This project is located in the south part of Brickell and offers large floor plans with 1-4 bedrooms. The smaller units come with a den. All units have 10ft ceilings, curved lines, and custom finishes and furnishings. Given the extensive millwork and warm wood tones, you will feel a greater sense of warmth and grandeur throughout the building, from entering the grand lobby to the residence’s kitchen cabinetry. Important to know is that Cipriani is located in a less busy part of Brickell while being close enough to the action. In addition, hospitality-branded condos have historically outperformed non-branded towers. For more information please read our independent review.
Cipriani is one of our Top 10 new condo projects in all of Miami. Please read our independent review of this project to learn more.
Casa Bella
Casa Bella will be coming to the Downtown area in 2026. The project offers 1-4 bedroom residences. This project is a collaboration between some very established names in the Miami real estate industry. The Terra Group (Development), Arquitectonica (Architect), and Lissoni Partners (Design) have previously been involved in some very high-quality projects that have performed very well. At Casa Bella, all residences feature two private elevators and a private vestibule. Most units enjoy spacious pass-through layouts with soaring 10-foot ceilings and breathtaking views of Biscayne Bay, Miami’s downtown skyline, and stunning sunsets from the west.
La Baia North on the Bay Harbor Islands
La Baia is located on the Bay Harbor Islands. This is the second tower in the project, which will be a truly boutique new condo project. La Baia North will feature 68 luxurious, one- to four-bedroom residences spanning between 1,125 to 2,500 square feet. A true boutique condo. While residences have 9′ ceilings the penthouses mentioned below will feature 10′ ceilings. All residences are delivered fully-finished with wide-plank, imported European wood flooring and floor-to-ceiling, impact-resistant sliding glass doors and windows.
The Bay Harbor Islands are located in the Intracoastal waters between Bal Harbour and Miami proper. La Baia North is less than a 5-minute walk to the Atlantic Ocean’s sandy beaches, the world-renowned Bal Harbour Shops, convenient neighborhood services, and an array of dining and entertainment options. Due to its ideal waterfront location, La Baia North is thoughtfully designed for premiere outdoor entertainment and enjoyment. When working with a $2M budget, this is the only luxury condo that offers penthouses for that price range.
David’s Conclusions on New Construction Condos in Miami with A $2M Budget
What is ultimately your best option depends on the precise budget and your preferred floor plan. Please give me a call to discuss what you are looking for. As mentioned, I have not only been to these projects but toured them with clients and studied the floor plans and other variables. You will notice that ‘beachfront’ new construction does not come under $2m at all in Miami. It may be possible to get new construction beachfront by moving North into Broward, but most likely you would have to focus on older Condos for this budget.
Why Work with us?
We enjoy full super-broker status with most of the developments. This means we get first access to information and inventory. As super brokers, we enjoy all the benefits of having this status but by using us you still get independent advice. Our group is not limited to just one project and is therefore providing you with what the entire market has to offer. We provide you with the pros and cons of the location and the floor plans and will compare prices with other new and resale condos. There are subtle nuances when it comes to buying pre-construction and therefore you must work with an independent agent who has 17+ years of experience in selling pre-construction. We know the reputation of developers, we know what to look out for and we know what questions to ask.
I have sold hundreds of new construction condos and resale condos over my career. I have provided independent advice about the new condo market for over a decade and I have observed consistent patterns and trends over that time. My experience will not only guide you towards the best unit but also protect you from terrible mistakes. I challenge you to quiz me on any building in any market. I will honestly give you the good, the bad, and the ugly no matter what the cost.
Schedule time with David (In Person or via Zoom)
FAQ
These are the most commonly Miami Real Estate Related questions
What should relocation buyers know before buying real estate in Miami?
HOME BUYERS
Relocation buyers looking at homes in Miami should understand that choosing the right house is less about the property itself and more about location, schools, and long-term value. Many buyers make the mistake of focusing on price or finishes, while the real driver of value is the neighborhood and micro-location. Older homes often represent better value, but may also be part of a future redevelopment cycle. Newer homes command premiums, but don’t always sell faster if pricing is ahead of the market. Commute time, school access, and community dynamics are critical and often underestimated. The key is to evaluate homes not just as lifestyle purchases, but as long-term assets within a very localized market.
Sources:
https://luxlifemiamiblog.com/relocating-to-miami/
https://luxlifemiamiblog.com/relocating-to-miami-with-a-family/
CONDO BUYERS:
Relocation buyers should understand that Miami is a highly segmented, building-driven market, not a uniform one. Pricing can vary significantly between similar properties depending on building quality, layout, and financial health. Many buyers assume newer construction equals better investment, but that is often not the case. Factors like HOA fees, reserves, and rental policies can materially impact long-term value and liquidity. Negotiation opportunities often exist, especially in slower segments, but require precise market knowledge. The key is to evaluate micro-markets and individual buildings, not just neighborhoods or price per square foot.
Sources:
https://luxlifemiamiblog.com/miami-real-estate-market-report/
https://luxlifemiamiblog.com/new-construction-miami-guide/
What are the best areas for relocating families with children
For families relocating to Miami with young children, the most recommended neighborhoods are Coral Gables, Coconut Grove, and Pinecrest. Coral Gables offers the best balance of top schools, safety, and long-term value. Coconut Grove is ideal for younger families seeking walkability, greenery, and a lifestyle-driven environment. Pinecrest provides larger homes, excellent schools, and better value for space, making it ideal for growing families. The key driver across all three is access to strong schools and primary residential stability. Relocation decisions are less about new construction and more about long-term livability and resale strength.
Sources:
https://luxlifemiamiblog.com/best-neighborhoods-miami/
https://luxlifemiamiblog.com/what-are-the-best-family-neighborhoods-in-miami-in-2023/
Are new construction condos in Miami a good investment?
New construction condos in Miami can be a good investment—but only if you understand that not all buildings perform the same. According to the David Siddons Group, many buyers assume “new = better,” but in reality, performance depends on pricing, layout, building quality, and long-term demand. Some new developments set future price benchmarks and can drive long-term appreciation, especially in top-tier projects. However, many are priced aggressively at launch, and buyers relying on marketing instead of data often overpay.
The market is highly segmented, meaning two new buildings next to each other can perform very differently.
The best opportunities typically come from selecting the right building early or negotiating correctly in later phases.
In short: new construction is not automatically a good investment—it becomes one only with building-level analysis and disciplined entry pricing.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/category/independent-new-construction-condo-reviews/
https://luxlifemiamiblog.com/beyond-clickbait-real-insights-into-miamis-luxury-condo-market/
Why is buying a Miami condo riskier than buyers think?
Buying a Miami condo is often riskier than buyers expect because the true risks are at the building level—not visible in the listing price. Many buyers focus on finishes and views, while overlooking HOA reserves, insurance exposure, and potential special assessments. In reality, two identical units in different buildings can perform completely differently over time. Rising HOA fees and stricter regulations are also increasing the true cost of ownership, especially in older buildings. Liquidity can be affected by factors like financial health, rental policies, and ongoing repairs. The key risk is not the condo itself—but buying into the wrong building without proper due diligence.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/miami-condo-market-risks/
What are Miami's Safest Areas?
Which Miami Areas Still offer Great Value (Budget Friendly alternatives to Coral Gables and Pinecrest)
If you’re looking for better value than Coral Gables or Pinecrest, the answer (in true Siddons style) is not “go cheaper”—it’s go one layer outside the obvious markets.
The strongest value plays are:
- Schenley Park → closest substitute to Coral Gables at ~20% discount while maintaining similar character and location
- Biltmore Heights → almost identical feel to the Gables but ~25–30% cheaper on a $/SF basis
- Glenvar Heights → central location with larger lots and ~25% pricing advantage vs South Miami/Gables
- Baptist / Galloway (Kendall) → Pinecrest-style living (space, schools, land) at up to ~30% lower pricing
The pattern is consistent:
👉 Buyers are shifting west and slightly off-market to gain land, scale, and pricing efficiency. You don’t find value by going to a “cheaper neighborhood”—you find it by identifying adjacent micro-markets that offer the same lifestyle fundamentals without the brand premium.
Sources:
https://luxlifemiamiblog.com/best-value-neighborhoods-miami/
https://luxlifemiamiblog.com/category/miami-neighborhoods/
Is NOW a good time to buy in Miami?
Are Miami real estate prices going down in 2026?
No—but that’s the wrong way to look at it. Miami is not one market anymore, so prices are not moving in one direction. In 2026, the market is split into two: ultra-luxury, scarcity-driven areas (like waterfront and top-tier neighborhoods) are still holding or even rising, while mid-tier condos and oversupplied segments are flat or correcting. What we’re seeing is price divergence, not a crash—some properties are gaining value while others are quietly adjusting downward. Rising inventory and more selective buyers are putting pressure on pricing in certain segments, especially older condos or buildings with weaker fundamentals.
At the same time, global wealth and cash buyers continue to support pricing at the top end of the market. So the real answer: prices aren’t broadly dropping—they’re being repriced based on quality, location, and supply.
Should I buy a house or a condo when relocating to Miami?
The decision comes down to lifestyle first, investment second—and most relocation buyers get that backwards. If you want space, privacy, schools, and long-term family living, a single-family home in areas like Coral Gables or Coconut Grove is typically the stronger choice. If you prioritize walkability, low maintenance, and proximity to business districts, a condo in Brickell or waterfront markets makes more sense.
From an investment perspective, homes tend to be more stable, while condos are more building-dependent and cyclical. Most relocation clients underestimate how much building quality, HOA structure, and future costs impact condo performance. The right answer isn’t “house vs condo”—it’s which asset fits your lifestyle AND holds value within its micro-market.
How do I choose the right Miami neighborhood for my lifestyle?
Why are Miami condo prices so different between buildings?
Miami condo pricing varies widely because value is determined at the building level, not just by location. Two buildings next to each other can have major differences in financial health, reserves, HOA fees, and management quality. Buyers also pay premiums for better layouts, views, amenities, and newer construction—but not all “new” buildings perform equally. Factors like rental policies, upcoming assessments, and building reputation can significantly impact resale value. This is why price per square foot alone is misleading in Miami’s condo market. The real driver of value is how that specific building competes within its micro-market over time.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/category/independent-new-construction-condo-reviews/
WHY WORK WITH DAVID? THINGS YOU SHOULD KNOW...
For all our analytics we are agents driving some very unique and advanced tech. We Provide a granular and custom experience that empower our clients with the insight and tools to understand the most complex behaviors of any local markets.
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Analytical
Over 100 reports produced to date
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Knowledgeable
Over 1800 published articles and counting
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